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An insurance policy from GEICO has an up-front charge of $722.10 for 6 months' coverage, or one can choose from several payment plans including a

An insurance policy from GEICO has an up-front charge of $722.10 for 6 months' coverage, or one can choose from several payment plans including a monthly plan described below. If one chooses the monthly plan, he/she Is borrowing from GEICO. Use the IRR function to determine what annual rate of interest (APR) GEICO is charging

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